Tax Strategies
What if I don’t have the money to pay the IRS for back taxes?
The IRS is aware that taxpayers continue to struggle five years after the U.S. economy sunk into recession. The slow recovery means that many people…
Q&A: What is using cash value life insurance for retirement savings?
One of the more popular uses for cash value life insurance is to save for your retirement. Cash value life insurance refers to a wide…
Q&A: What is tax-planning with life insurance?
Life insurance can help you achieve various goals. Tax planning with life insurance involves minimizing the tax consequences of your life insurance decisions. Tax planning…
Q&A: What is a life insurance trust and why should I consider establishing one?
A life insurance trust is a trust that has the power to purchase life insurance policies on the person who establishes the trust (the grantor),…
Tips For E-Filing Taxes Online For Free
There is a lot that you need to know if you are going to e-file your taxes online.One detail that you don’t want to overlook…
How To E-File Taxes Online For Free
Gone are the days when you had to sit down and dig through a shoebox full of receipts that you had accumulated over an entire…
Tax Strategies for Personal and Dependent Exemptions
A personal exemption, in theory, is equivalent to the minimum amount a person would need to get by on at a subsistence level. The idea…
Form 5498: What It Is and How to Use It
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2011/08/Understanding_Tax_Form_5498.mp4"][/video] Sometimes, IRS Forms can get so specialized and specific that it gets a little overwhelming dealing with them, right? Well, there…
